Latin America
With a power score of 1.52, Bolivia ranks number 86 among Emerging Markets and number 17 in the Latin America region
Power score
1.52/5
Score over time
2021 - 2024
Bolivia has a power score of 1.52, which puts it at rank 86 in the Emerging Markets power ranking. In comparison to 2023, Bolivia has dropped in the power rankings by 12 places, from rank 74, to rank 86.
At 1.52, the power score of Bolivia is worse than than the regional average of 1.93 in the Latin America region and puts it at rank 17 in the region.
Bolivia implements policies in 3/9 power policy categories tracked by Climatescope, including Renewable energy target, Net metering, and Import tax incentives.
The average electricity price in Bolivia has increased from 110.20 USD/MWh in 2022 to 113.23 USD/MWh in 2023. Since 2017, the average electricity price in Bolivia has fluctuated between 105.97 USD/MWh (2017) and 113.23 USD/MWh (2023).
The top amount of capacity installed in Bolivia in 2023 was in Natural Gas at 65.52%, down from 65.95% in 2022. The technology with the biggest increase in capacity installed in 2023 was Onshore wind at 3.79%, up from 3.15% in 2022.
The top amount of electricity generated in Bolivia in 2023 was in Natural Gas at 57.18%.
Investment in clean energy in Bolivia was around $76.60 million in 2023, an increase of 62.97% from 2022 ($47.00 million). Between 2018 and 2023, the highest investment in clean energy was in 2018 at $191.32 million, while the lowest was in 2020 with $37.50 million.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.